By Newsbase The Iraqi Ministry of Oil has sharply criticised the Kurdistan Regional Government (KRG) for its persistent failure to hand over crude oil revenues, a standoff that Baghdad claims is …
Iraq close to agreement with China on Nuclear Training Reactor
By John Lee. Iraq’s Minister of Higher Education and Scientific Research, Dr. Naeem Al-Aboudi, who also heads the Iraqi Atomic Energy Commission (IAEC), has announced that three sites within the …
Esyasoft, ZK Holding sign MoU on Iraq Energy
By John Lee. Esyasoft Holding has signed a Memorandum of Understanding (MoU) with Abu Dhabi-based investment company ZK Holding Group, with the aim of “transforming Iraq into a regional hub for …
Australian jailed in Iraq conditionally released after four years
An Australian man has been conditionally released from prison in Iraq, after four years of what the UN has called arbitrary detention. Robert Pether, a mechanical engineer, was jailed in 2021 on fraud …
Iraq announces Major Banking Sector Overhaul
By Padraig O’Hannelly. Iraq is embarking on a comprehensive restructuring of its banking sector with the assistance of leading international consultancy firms, according to Dr Salih Salman, Advisor to …
Turkish Firm to Double Electricity Interconnector Capacity to Iraq
By John Lee. Iraq’s Minister of Electricity, Ziyad Ali Fadel, has overseen the signing of a new contract with Turkish company Alifrin to double the capacity of the Iraq-Turkey electricity …
Energy Promises Fade as Iraq Faces a Long Hot Summer
U.S. sanctions on Iranian gas, disputes with the Kurdistan Regional Government, and rival political factions threaten to derail energy projects.
Rabee Securities Iraq Stock Exchange Index posts 0.7% growth in May
The RSISX Total Return Index (RSISXTR) outperformed, rising 6.4 per cent, driven by strong dividend activity. Key contributors included Bank of Baghdad (IQD0.65 per share …
Rabee Securities Iraq Stock Exchange Index posts 0.7% growth in May
The RSISX Total Return Index (RSISXTR) outperformed, rising 6.4 per cent, driven by strong dividend activity. Key contributors included Bank of Baghdad (IQD0.65 per share …
Iraq to Boost Summer Power Supply through Karpowership Deal
By John Lee. Iraq’s Council of Ministers has approved direct contracting with Turkiye’s Karpowership Group to enhance electricity supply during the high-demand summer period. The contracts will add …